Question
Jarvis Co. manufactures RFID chipsfor electronic equipment. The following information was collected during June. Actual market size (units)32,000 Budgeted market size (units)20,000 Actual market share34%
Jarvis Co. manufactures RFID chipsfor electronic equipment. The following information was collected during June.
Actual market size (units)32,000
Budgeted market size (units)20,000
Actual market share34%
Budgeted market share32%
Budgeted selling price per unit$12.00
Actual selling price per unit$10.50
Budgeted cont.margin per unit$4.00
Actual cont.margin per unit$3.00
What is the company's market-share variance?
- $1,600 unfavourable
- $1,600 favourable
- $2,560 favourable
- $1,200 unfavourable
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Taxation Of Individuals And Business Entities 2015
Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
6th Edition
978-1259206955, 1259206955, 77862368, 978-0077862367
